Mettler Toledo

Mettler-Toledo International Inc. Reports Fourth Quarter 2023 Results

Retrieved on: 
Thursday, February 8, 2024

Mettler-Toledo International Inc. (NYSE: MTD) today announced fourth quarter results for 2023.

Key Points: 
  • Mettler-Toledo International Inc. (NYSE: MTD) today announced fourth quarter results for 2023.
  • In local currency, sales decreased 13% in the quarter as currency increased sales growth by 1%.
  • Excluding these delays, our results came in as we had expected as we continued to face challenging market conditions in the fourth quarter.
  • Included in the first quarter guidance is an estimated 4% headwind to Adjusted EPS growth due to adverse currency.

Mettler-Toledo International Inc. Provides Update on Fourth Quarter 2023 Financial Results

Retrieved on: 
Thursday, January 4, 2024

For the fourth quarter ended December 31, 2023, the Company estimates, based upon preliminary information, that reported sales declined approximately 12% and local currency sales declined approximately 13% as currency increased sales growth by approximately 1%.

Key Points: 
  • For the fourth quarter ended December 31, 2023, the Company estimates, based upon preliminary information, that reported sales declined approximately 12% and local currency sales declined approximately 13% as currency increased sales growth by approximately 1%.
  • This compares with previous fourth quarter local currency sales decline guidance of approximately 7% to 8%.
  • The Company is evaluating the impact of the shipping delays on its fourth quarter 2023 Adjusted EPS results, and therefore also withdrew its previously-issued Adjusted EPS guidance.
  • Additionally, the Company will release its fourth quarter 2023 financial results after the market close on February 8th, and will host a conference call at 8:30 a.m. Eastern Time on February 9th.

Mettler Toledo Announces Upcoming Retirement of Board Chair Robert Spoerry

Retrieved on: 
Thursday, December 14, 2023

Mr. Spoerry served Mettler-Toledo for 40 years, including as the CEO from 1993 until 2007, and Chair of the Board of Directors since 1998, shortly after its IPO.

Key Points: 
  • Mr. Spoerry served Mettler-Toledo for 40 years, including as the CEO from 1993 until 2007, and Chair of the Board of Directors since 1998, shortly after its IPO.
  • Roland Diggelmann, an Independent Director of the Board, will be nominated to replace Mr. Spoerry as Chair of the Board of Directors in May 2024.
  • Mr. Spoerry stated, “It has been a great privilege to have worked with the team at Mettler-Toledo.
  • This is the right time for a transition after enacting a carefully prepared succession and Board refreshment plan over the last few years.

Mettler-Toledo International Inc. to Present at the 42nd Annual J.P. Morgan Healthcare Conference

Retrieved on: 
Monday, December 4, 2023

Mettler-Toledo International Inc. (NYSE: MTD) today announced it will present at the 42nd Annual J.P. Morgan Healthcare Conference on Wednesday, January 10 at 11:15 a.m. EST.

Key Points: 
  • Mettler-Toledo International Inc. (NYSE: MTD) today announced it will present at the 42nd Annual J.P. Morgan Healthcare Conference on Wednesday, January 10 at 11:15 a.m. EST.
  • A live webcast of the presentation will be available on the Company’s investor relations website at investors.mt.com .
  • METTLER TOLEDO (NYSE: MTD) is a leading global supplier of precision instruments and services.
  • We have strong leadership positions in all of our businesses and believe we hold global number-one market positions in most of them.

Liquid Handling Technologies and Global Markets Report 2023: Revenue Data for 2022, Estimates for 2023, Forecasts for 2024, and CAGR Projections through 2028 - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 16, 2023

The "Liquid Handling: Technologies and Global Markets" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Liquid Handling: Technologies and Global Markets" report has been added to ResearchAndMarkets.com's offering.
  • This report will focus on liquid handling equipment for biological and chemical laboratory use and applications of the equipment.
  • The global market for liquid handling was valued at $4.2 billion in 2022.
  • This growth is driven by increased awareness of the importance of liquid handling and substantial investments in research and development focused on liquid handling for drug discovery and development.

Mettler-Toledo International Inc. Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 9, 2023

Mettler-Toledo International Inc. (NYSE: MTD) today announced third quarter results for 2023.

Key Points: 
  • Mettler-Toledo International Inc. (NYSE: MTD) today announced third quarter results for 2023.
  • In local currency, sales decreased 5% in the quarter as currency increased sales growth by 1%.
  • Included in the fourth quarter guidance is an estimated 1% headwind to Adjusted EPS growth due to adverse currency.
  • Included in the 2023 guidance is an estimated 3% to 4% headwind to Adjusted EPS growth due to adverse currency.

Element Biosciences Welcomes William P. Donnelly to its Board of Directors

Retrieved on: 
Tuesday, November 21, 2023

SAN DIEGO, Nov. 21, 2023 /PRNewswire/ -- Element Biosciences, Inc., developer of the Element AVITI System, an innovative DNA sequencing platform that is disrupting the genomics industry, announced that William (Bill) P. Donnelly has joined its board of directors.

Key Points: 
  • SAN DIEGO, Nov. 21, 2023 /PRNewswire/ -- Element Biosciences, Inc., developer of the Element AVITI System, an innovative DNA sequencing platform that is disrupting the genomics industry, announced that William (Bill) P. Donnelly has joined its board of directors.
  • While at Mettler-Toledo, he oversaw the company's transition from a leveraged buy-out to an IPO to a highly successful public company.
  • "Bill is joining our team at the perfect time as Element enters the next chapter of growth," said Molly He, CEO and Co-founder of Element Biosciences.
  • I am delighted to be joining the board and to further Element's mission to empower the scientific community and accelerate the field of genomics," Bill Donnelly said.

QNTM Labs Announces EU-GMP Certified Expansion to Meet Growing Industry Needs

Retrieved on: 
Tuesday, November 7, 2023

ODENSE, Denmark, Nov. 7, 2023 /PRNewswire/ -- QNTM Labs is pleased to announce the significant expansion to its existing headquarters.

Key Points: 
  • ODENSE, Denmark, Nov. 7, 2023 /PRNewswire/ -- QNTM Labs is pleased to announce the significant expansion to its existing headquarters.
  • This expansion serves as a testament to the trust and success accrued from client engagements since the initial GMP certification.
  • Cornelius Merlini, Managing Partner at Intrinsic Capital Partners, reflects, "QNTM Labs' expanded EU-GMP certifications showcase their unwavering commitment to quality and compliance.
  • With this expansion, QNTM Labs is better positioned to address the evolving analytical requirements of the pharmaceutical industry, both within Denmark and across the broader European market.

QNTM Labs Announces EU-GMP Certified Expansion to Meet Growing Industry Needs

Retrieved on: 
Tuesday, November 7, 2023

ODENSE, Denmark, Nov. 7, 2023 /PRNewswire/ -- QNTM Labs is pleased to announce the significant expansion to its existing headquarters.

Key Points: 
  • ODENSE, Denmark, Nov. 7, 2023 /PRNewswire/ -- QNTM Labs is pleased to announce the significant expansion to its existing headquarters.
  • This expansion serves as a testament to the trust and success accrued from client engagements since the initial GMP certification.
  • Cornelius Merlini, Managing Partner at Intrinsic Capital Partners, reflects, "QNTM Labs' expanded EU-GMP certifications showcase their unwavering commitment to quality and compliance.
  • With this expansion, QNTM Labs is better positioned to address the evolving analytical requirements of the pharmaceutical industry, both within Denmark and across the broader European market.

Mettler-Toledo International Inc. to Present at Upcoming Investor Conferences

Retrieved on: 
Friday, November 3, 2023

Mettler-Toledo International Inc. (NYSE: MTD) today announced it will present at the Stifel Healthcare Conference on Wednesday, November 15 at 10:20 a.m. EST.

Key Points: 
  • Mettler-Toledo International Inc. (NYSE: MTD) today announced it will present at the Stifel Healthcare Conference on Wednesday, November 15 at 10:20 a.m. EST.
  • The company will also present at the 6th Annual Evercore ISI HealthCONx Conference on Wednesday, November 29 at 9:10 a.m. EST.
  • A live webcast of both presentations will be available on the Company’s investor relations website at investor.mt.com .
  • Our products are sold in more than 140 countries and we have a direct presence in approximately 40 countries.